Tom Lee Explains Why Ethereum’s Price Crash Is Not a Bearish Signal

3 months ago 19
Bitmine Crosses 10% of ETH Staking Supply

The post Tom Lee Explains Why Ethereum’s Price Crash Is Not a Bearish Signal appeared first on Coinpedia Fintech News

Ethereum has fallen another 7% this week, extending its monthly losses to nearly 22%, now trading at around $1587. But while the price continues to struggle, Bitmine Chairman Tom Lee believes the recent decline has nothing to do with the ETH Price drop. Here’s why! Despite this, Bitmine has continued buying Ethereum, bringing its holdings …

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